Nix v. Nix

BVLaw
Full Text of Court Cases
February 22, 2023
4225 General Warehousing and Storage
493110 General Warehousing and Storage
marital dissolution/divorce
business valuation, marital dissolution, trial court

Nix v. Nix
2023 Ind. App. Unpub. LEXIS 183; 2023 WL 2148720
US
State Court
Indiana
Court of Appeals
Mathias, May, and Bradford

Summary

This case concerned an appeal of a trial court opinion in a divorce case in Indiana. The trial court based the value of a warehousing and logistics business on an offer to purchase the business the daughter of the divorcing parties presented at trial. The mother, the owner operator of the business, rejected the offer, made prior to the filing for dissolution of marriage. The appellate court remanded the decision of the trial court for revaluation of the business with instructions to determine a value within the valuation conclusions experts submitted for each party at trial.
Nix v. Nix
PDF, Size: 110 KB

See Also

Indiana Appellate Court Remands Value of Business—Trial Court Value Based on a Defective Offer to Purchase

This case concerned an appeal of a trial court opinion in a divorce case in Indiana. The trial court based the value of a warehousing and logistics business on an offer to purchase the business the daughter of the divorcing parties presented at trial. The mother, the owner operator of the business, rejected the offer, made prior to the filing for dissolution of marriage. The appellate court remanded the decision of the trial court for revaluation of the business with instructions to determine a value within the valuation conclusions experts submitted for each party at trial.